# Chief Risk Officer, CRO (also in German)

- Canonical URL: https://www.gerhardmerk.de/chief-risk-officer-cro-also-in-german
- Post ID: 589217
- Modified: 2023-07-25T20:58:43+00:00
- Language: en

## Definition

A person comparable to an insurance actuary who is responsible for implementing a bank's risk policy guidelines. The CRO regularly informs the bank's Board of Management and the Risk Committee set up within the Supervisory Board of most banks about the overall risk situation. - See Control, internal to the institution. - See BaFin Annual Report 2012, p. 98 (supervisory guidelines for the tasks of the CRO). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

## Machine-readable

- Generator: Merk Knowledge 2.0.0